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02.07.2008 /Investing FFMS of Russia registered the debut issue of the rubles bonds of LLC “Stoylenskaya Niva-Finance”
19 June 2008 Federal Financial Market Service registered the first issuance of interest-bearing, unconverted, documentary bonds of LLC “Stoylenskaya Niva-Finance” with the value of RUB 1bln. The issuance was registered under No 4-01-36351-R.

Organizer, underwriter and paying agent of the bond issuance is JSC “ROSSIYSKIY KREDIT BANK”. According to the issuing documents, the nominal value of the loan is RUB 1bln. with the maturity period of 3 years. The bonds have 6 half-year coupons. The placement of the bonds will take place at the stock exchange of FFMS by public offering. The first coupon is determined at the tender, which takes place at the date of the placement beginning at the Stock Exchange FFMS, the other coupons are to be determined by the issuer.

The structure of the bond issuance before beginning of the placement enables to determine the number of coupons, whose interest rates will be determined at the tender. If with the approval of the date of placement of the Bonds, the issuer decides not to purchase bonds at the request of their owners, interest rates of the second and all subsequent coupons are determined at the interest rate equal to the first coupon rate and are fixed for the duration of outstanding bonds. If the issuer after determining of interest rates of coupons of any coupon periods, the bonds will get not determined coupon interest rates at least for one of the following coupon period, then the mechanism of on request offer, provided by the issuance documents will come into effect.

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